Last week authorities raided the offices of Germany’s top asset manager DWS Group and its majority owner Deutsche Bank. The raid was spurred by allegations of greenwashing. That is, that DWS had made misleading claims about how sustainable or “green” some of its financial products were. DWS says it denies those allegations and has cooperated with regulators and authorities, but this move has prompted a larger reckoning throughout the financial industry.    At the centre of much of this is former DWS sustainability officer Desiree Fixler. In this week’s episode we hear from the whistleblower herself, and explore her allegations about her time at DWS. The FT’s Patrick Temple-West also explains what this moment means for the future of environmental, social and governance or ESG investing.    For further reading: German police raid DWS and Deutsche Bank over greenwashing allegations DWS chief resigns after police raid over greenwashing claims Deutsche banker takes over asset manager in the eye of an ESG storm Aggregate ESG confusion On Twitter, follow Patrick Temple-West (@Temple_West) Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Behind the Money is back! Our first episode is part 1 of 2 in a miniseries on crypto. First up, we're wondering: is a crypto vibe shift underway? Bitcoin’s price has been dropping for weeks and earlier this month, a popular stablecoin collapsed. FT reporter Ethan Wu explains how the effects of that rippled into other areas of the crypto universe. Michela and Ethan will talk about what stablecoins are and why they matter — even for people who aren’t crypto investors.   For further reading:  Crypto scares everyone The week that shook crypto Investors pull $7bn from Tether as stablecoin jitters intensify Follow Ethan Wu on Twitter @EthanYWu  Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.